Skills & Competencies for Appraiser II (Commercial Real Estate)

Appraiser II (Commercial Real Estate) job profile

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JOB SUMMARY for Appraiser II (Commercial Real Estate)

Conducts simple to moderately complex appraisals and property ratings to establish market values that guide investments in real estate equity and loans.

JOB RESPONSIBILITIES for Appraiser II (Commercial Real Estate)

Prepares detailed reports including descriptions of properties, relevant market conditions, and estimates of property values. Ensures that reports comply with bank policy and applicable regulations.

Appraiser II (Commercial Real Estate) SALARY RANGE

BASE 50%
$71,846
TOTAL 50%
$74,777
Job Level
P02
Job Code
FA06000335
Education/Degree
Bachelor's Degree
Reports To
Manager or Head of a Unit/Department

Appraiser II (Commercial Real Estate) Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Appraiser II (Commercial Real Estate) skill and competencie below to view definitions.
INDUSTRY COMPETENCIES CORE COMPETENCIES
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8 hard skills or competencies (industry competencies) for Appraiser II (Commercial Real Estate)

1 Industry Competency – Financial Services Industry
Proficiency Level -2
Skill definition-Provides financial consulting or advisory services in industry trends, regulatory considerations, financial planning and investment advising.
Level 1 Behaviors
(General Familiarity)
Describes the current system and scope of services of a financial institution.
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Level 2 Behaviors
(Light Experience)
Gathers client information to provide investment options that align with their needs.
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Level 3 Behaviors
(Moderate Experience)
Prepares and schedules meeting with clients to offer personalized financial advice and strategies.
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Level 4 Behaviors
(Extensive Experience)
Guides and trains the team on developing comprehensive personal and business financial plans for clients.
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Level 5 Behaviors
(Mastery)
Discusses corporate finance regulatory changes and directs relevant case studies in major industry segments.
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2 Industry Competency – Financial Markets
Proficiency Level -2
Skill definition-Knowledge of principles and economic indexes in various financial markets such as stock, bond, derivatives and international financial market.
Level 1 Behaviors
(General Familiarity)
Discusses financial risks associated with each financial market segment.
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Level 2 Behaviors
(Light Experience)
Conducts studies of key economic indicators and interest rates that impact financial markets.
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Level 3 Behaviors
(Moderate Experience)
Recommends changes to the investors’ holdings based on evaluated financial and market factors.
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Level 4 Behaviors
(Extensive Experience)
Leads the team in pricing and structuring stock trading plan and working out strategy for initial public offering (IPO).
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Level 5 Behaviors
(Mastery)
Develops theoretical understanding of emerging financial instruments on the market, such as virtual money.
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3 Appraiser II (Commercial Real Estate) - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Appraiser II (Commercial Real Estate)
Proficiency Level - 4
5 Competency for - Appraiser II (Commercial Real Estate)
Proficiency Level - 5

8 soft skills or competencies (core competencies) for Appraiser II (Commercial Real Estate)

1 Core Competencies – Gathering Information
Proficiency Level -2
Skill definition-Accumulating necessary information from various resources to clarify the situation or make an informed business decision.
Level 1 Behaviors
(General Familiarity)
Explains the use of surveys and interviews in gathering the necessary information.
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Level 2 Behaviors
(Light Experience)
Conducts basic research to identify current industry trends and best practices.
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Level 3 Behaviors
(Moderate Experience)
Participates in various company events to gain information about current business operations.
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Level 4 Behaviors
(Extensive Experience)
Provides training to others about new techniques and strategies for effective data collection.
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Level 5 Behaviors
(Mastery)
Develops best practices and programs to improve data collection across our business.
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2 Core Competencies – Attention to Detail
Proficiency Level -2
Skill definition-Executing and completing a task with a high level of accuracy.
Level 1 Behaviors
(General Familiarity)
Identifies the procedures for making sure that results are mistake-free.
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Level 2 Behaviors
(Light Experience)
Records all appointments on the calendar to easily track daily activities.
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Level 3 Behaviors
(Moderate Experience)
Reviews and analyzes the accuracy of data and details.
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Level 4 Behaviors
(Extensive Experience)
Designs systems to help the team organize and track details and project progress.
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Level 5 Behaviors
(Mastery)
Develops best practices for identifying and correcting errors, oversights, and omissions.
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3 Appraiser II (Commercial Real Estate) - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Appraiser II (Commercial Real Estate)
Proficiency Level - 4
5 Competency for - Appraiser II (Commercial Real Estate)
Proficiency Level - 5

Summary of Appraiser II (Commercial Real Estate) skills and competencies

There are 8 hard skills for Appraiser II (Commercial Real Estate), Financial Services Industry, Financial Markets, Financial Instruments, etc.
0 general skills for Appraiser II (Commercial Real Estate).
8 soft skills for Appraiser II (Commercial Real Estate), Gathering Information, Attention to Detail, Honesty And Integrity, etc.
While the list totals 16 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Appraiser II (Commercial Real Estate), he or she needs to be proficient in Gathering Information, be proficient in Attention to Detail, and be proficient in Honesty And Integrity.

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